Anoncoin Price Hits $0.97 on Top Exchanges (ANC)


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Anoncoin (CURRENCY:ANC) traded up 72.8% against the dollar during the 1 day period ending at 22:00 PM Eastern on May 4th. Over the last week, Anoncoin has traded up 353.4% against the dollar. Anoncoin has a total market capitalization of $2.04 million and $2,126.00 worth of Anoncoin was traded on exchanges in the last 24 hours. One Anoncoin coin can currently be bought for about $0.97 or 0.00001749 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Infinitecoin (IFC) traded up 2.6% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • SmileyCoin (SMLY) traded up 24.1% against the dollar and now trades at $0.0002 or 0.00000000 BTC.
  • Pakcoin (PAK) traded down 1.3% against the dollar and now trades at $0.0153 or 0.00000028 BTC.
  • Emerald Crypto (EMD) traded 1.2% lower against the dollar and now trades at $0.0155 or 0.00000028 BTC.
  • DNotes (NOTE) traded 0.3% lower against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Aricoin (ARI) traded up 1.4% against the dollar and now trades at $0.0001 or 0.00000001 BTC.
  • SocialCoin (SOCC) traded 12.5% higher against the dollar and now trades at $0.0014 or 0.00000002 BTC.
  • Comet (CMT) traded 1.2% lower against the dollar and now trades at $0.0166 or 0.00000030 BTC.
  • LiteBitcoin (LBTC) traded up 10.9% against the dollar and now trades at $0.0004 or 0.00000001 BTC.

About Anoncoin

ANC is a proof-of-work (PoW) coin that uses the
Scrypt hashing algorithm. Its launch date was June 2nd, 2013. Anoncoin’s total supply is 2,110,317 coins. The Reddit community for Anoncoin is /r/Anoncoin and the currency’s Github account can be viewed here. Anoncoin’s official Twitter account is @AnoncoinProject and its Facebook page is accessible here. The official website for Anoncoin is anoncoin.net.

According to CryptoCompare, “The Anchor Token (ANC) is Anchor Protocol's governance token. ANC tokens can be deposited to create new governance polls, which can be voted on by users that have staked ANC. ANC is designed to capture a portion of Anchor's yield, allowing its value to scale linearly with Anchor's assets under management (AUM). Anchor distributes protocol fees to ANC stakers pro-rata to their stake, benefitting stakers as adoption of Anchor increases — stakers of ANC are incentivized to propose, discuss, and vote for proposals that further merit the protocol. ANC is also used as incentives to bootstrap borrow demand and initial deposit rate stability. The protocol distributes ANC tokens every block to stablecoin borrowers, proportional to the amount borrowed. “

Buying and Selling Anoncoin

It is usually not currently possible to purchase alternative cryptocurrencies such as Anoncoin directly using U.S. dollars. Investors seeking to trade Anoncoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Anoncoin using one of the aforementioned exchanges.

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